Volatile currency pairs
One of the indicators on the value of which the profitability of transactions depends is Volatility. The indicator characterizes the distance between the minimum and maximum price values per day or trading session.
Volatile currency pairs in Forex allow you to earn the maximum number of pips per trade, thereby reducing the size of the tight spread.
You can get a good profit even from one transaction, and this allows you to use even pairs with a wide spread in trading.
Those traders who trade on medium-term time frames should pay attention to this indicator; when using scalping or pipsing, it does not play a special role.
At the moment, the greatest range of movement is observed for the following exchange assets:
USD/RUB and EUR/RUB - these two currency pairs are currently the leaders in volatility; the exchange rate of the Russian ruble during the session changes not even by points, but by percentages. The price either rises or falls by 1-2 rubles, and this is in a calm market, let alone movements during sharp jumps in the price of oil, with which the Russian ruble has a close correlation .
In addition to those mentioned, you can use other ruble pairs in trading if they are available from your broker. GBR/CHF - can move from 100 to 200 points per session, the greatest movement is observed in the European currency session, since both currencies belong to this particular time range.
The pair is slightly less active in other Forex sessions. GBR/JPY - the volatility of this currency pair is slightly less than the previous one, 100-150 points per session. A fairly long upward trend is formed due to the interventions of the National Bank of Japan.
USD/CHF - for those who like to trade in the American Forex session, the size of fluctuations per session is from 80 to 120 points.
EUR/USD - the indicators are not bad and everyone’s favorite euro/dollar when trading on a European or American platform, the pair can go up to 100 points.
Which is especially attractive considering its minimal spread. Less volatile currency pairs such as USD/JPY, EUR/JPY, GBR/USD and EUR/JPY can move from 30 to 100 points per day, but you should be prepared that even the most mobile asset often falls into a flat state , which practically blocks trade.
Recently, brokers have begun to add cryptocurrencies to the list of available trading instruments; the leader among them is traditionally Bitcoin, and accordingly the most volatile currency pair is Bitcoin/US dollar.
The movement on this pair is so strong that it manages to move several percent in a day. Record changes reach 30% within 24 hours; this is a real rally, the participants of which earn huge money or lose their deposits almost instantly.